724 8th Ave
Faribault, MN 55021
3 bd 3 ba 1,064 sqft Built 1910 Lot 10,542 sqft single_family
Most recent sale
$190,000
Sep 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 29, 2022 | Sold | $190,000 | MLS #6247927 |
| Aug 12, 2022 | Listed | $179,900 | MLS #6247927 |
| Mar 29, 2013 | Sold | $82,500 | MLS #4334823 |
| Feb 7, 2013 | Listed | $85,000 | MLS #4334823 |
| Sep 15, 2011 | Price changed | $119,900 | MLS #4076497 |
| Sep 7, 2011 | Price changed | $124,900 | MLS #4076497 |
| Aug 17, 2011 | Price changed | $129,500 | MLS #4076497 |
| Aug 10, 2011 | Listed | $136,500 | MLS #4076497 |
| Nov 15, 2010 | Sold | $25,000 | MLS #3956823 |
| Oct 20, 2010 | Price changed | $24,900 | MLS #4023370 |
| Oct 13, 2010 | Relisted | $34,900 | MLS #4023370 |
| Aug 5, 2010 | Listed | $34,900 | MLS #4023370 |
| Aug 4, 2010 | Listed | $24,900 | MLS #3956823 |
| Mar 10, 1999 | Sold | $36,736 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2020 | — | — | $70,000 | $836 |
| 2019 | — | — | $58,000 | $730 |
| 2018 | — | — | $49,200 | $708 |
| 2017 | — | — | $46,300 | $664 |
| 2016 | — | — | $41,900 | $670 |
| 2015 | — | — | $40,900 | $688 |
| 2014 | — | — | $44,200 | $682 |
| 2013 | — | — | $40,700 | $616 |
| 2012 | — | — | $40,700 | $814 |
| 2011 | — | — | $62,300 | $726 |
| 2010 | — | — | $91,300 | $676 |
| 2009 | — | — | $99,800 | $676 |
| 2006 | — | — | $96,300 | $682 |
Property facts
Year built
1910
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
1,064 sqft
Lot size
10,542 sqft
ZIP code
55021
City
Faribault
Street
8th Ave
Coordinates
44.29878, -93.28180
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,596
Gross rental yield
10.08%
Implied cap rate
6.55%
Trend-extrapolated value
—
Frequently asked questions
When did 724 8th Ave last sell?
724 8th Ave most recently sold on Sep 29, 2022 for $190,000.
What is the current tax assessment for 724 8th Ave?
The most recent total assessment for 724 8th Ave (year 2020) is $70,000 with $836 in property tax.
How does 724 8th Ave's assessment compare to its last sale price?
The current assessment is 63.2% below the last sale price of $190,000.
When was 724 8th Ave built?
724 8th Ave was built in 1910.
How does 724 8th Ave compare to others on 8th Ave?
We track 8 other properties on 8th Ave. Browse the list under "Other properties on 8th Ave" to compare beds, baths, and sale history.
What are the property facts for 724 8th Ave?
724 8th Ave is a 3 bed, 3 bath, 1,064 sqft, 10,542 sqft lot single_family.
Is 724 8th Ave a flip candidate?
No — 724 8th Ave does not appear in our flips dataset.
Is 724 8th Ave a tax-appeal candidate?
No — 724 8th Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$338.9K
2026 Q4
$341.8K
ZIP 55021 — Median Price History + Forecast
Explore nearby
Geography
Other properties on 8th Ave